Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —

Price spread now: HTX against Lighter+0.087%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.087% dearer against Lighter than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter KORU	23.010	0.0032	pay 0.0004% / 1h	7m 28s	—	—	10x
Short	HTX KORU-USDT	23.030	0	get 0.0000% / 8h	4h 07m	$8K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee HTXbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$6.72
Price spread: +0.087% → 0.000%: $8.69
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$10.03
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: no order-book sample; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter no order-book sample	—	—	—	—	—
Sell HTX no order-book sample	—	—	—	—	—

Lighter and HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx KORU/USDC	−0.0951%	1h	22.989	−0.091%	$37K	$301K	5x	as long as short
edgeX KORUUSDC	−0.0535%	4h	23.043	+0.143%	$462K	$311K	10x	as long as short
OKX KORU-USDT-SWAP	−0.0532%	8h	23.000	−0.043%	$6.3M	$28.4M	10x	as long as short
Bybit KORUUSDT	−0.0395%	8h	23.000	−0.043%	$6.7M	$21.8M	50x	as long as short
GRVT KORU_USDT_Perp	−0.0326%	8h	23.070	+0.261%	$2K	$97K	10x	as long as short
tradeXYZ xyz:KORU	−0.0298%	1h	22.995	−0.065%	$3.2M	$8.6M	10x	as long as short
Binance KORUUSDT	−0.0275%	8h	23.002	−0.034%	$55.8M	$330.4M	25x	as long as short
MEXC KORU_USDT	−0.0274%	8h	22.990	−0.087%	$13.7M	$21.0M	50x	as long as short
Extended KORU-USD	−0.0272%	1h	22.984	−0.115%	$6K	$208K	5x	as long as short
KuCoin KORUUSDTM	−0.0240%	8h	23.000	−0.043%	$443K	$973K	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KORUUSDT	−0.0099%	8h	23.001	−0.039%	$91K	$289K	50x	as long as short
Gate KORU_USDT	0.0000%	8h	23.000	−0.043%	$2.7M	$3.6M	25x	as long as short
SunX KORU-USDT	0.0000%	8h	23.020	+0.043%	—	$3.8M	10x	as long as short
HTX KORU-USDTshort	0.0000%	8h	23.030	+0.087%	$8K	$18K	10x
Phemex KORUUSDT	0.0000%	8h	23.020	+0.043%	$1.6M	$2.4M	10x	as long as short
Lighter KORUlong	+0.0032%	1h	23.010	long leg	—	—	10x
Ondo Perps KORU-USD.P	+0.0050%	1h	23.010	0.000%	$13K	$51K	5x	as long as short
Bitget KORUUSDT	+0.0337%	8h	22.995	−0.065%	$53.5M	$57.8M	20x	as long as short